Liabilities / Assets
6th percentile
Higher debt load relative to assets than 6% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
10th percentile
Higher debt load relative to revenue than 10% of similar nonprofits.
Net Margin
90th percentile
Higher net margin than 90% of similar nonprofits.
Top Officer Pay
19th percentile
Higher top officer pay than 19% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
45th percentile
Faster asset growth than 45% of similar nonprofits.
Revenue Growth
5th percentile
Faster revenue growth than 5% of similar nonprofits.
Balance Sheet
Assets
Up$8,294,042
Up $38,263 (+0.5%) from 2015
Net Assets
Up$8,293,542
Up $37,763 (+0.5%) from 2015
Liabilities
Up$500
Up $500 from 2015
Revenue And Expenses
Revenue
Down$51,346
Down $54,544 (-52%) from 2015
Expenses
Down$13,583
Down $61,017 (-82%) from 2015
Net Income
Up$37,763
Up $6,473 (+21%) from 2015
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2016 to Dec 31, 2016
- Signed
- Feb 17, 2017
- Return Version
- 2016v3.0
- Gross Receipts
- $51,346
Mission and Program Overview
Mission
To promote economic development in cass county, north dakota. The corporation shall exist to create and manage financial programs to encourage primary sector job creation in cass county.
To provide support to existing and new businesses in the county.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $3,506,796 | $3,582,743 | ▲ $75,947 |
| Investments Program Related | $2,268,241 | $2,365,924 | ▲ $97,683 |
| Savings and Temporary Cash Investments | $2,215,261 | $2,219,040 | ▲ $3,779 |
| Cash and Non-Interest-Bearing Accounts | $203,815 | $107,428 | ▼ $96,387 |
| Accounts Receivable | - | $350 | - |
| Total Assets | $8,255,779 | $8,294,042 | ▲ $38,263 |
| Other Assets Total | $61,666 | $18,557 | ▼ $43,109 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | - | $500 | - |
| Total Liabilities | $0 | $500 | ▲ $500 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $8,255,779 | $8,293,542 | ▲ $37,763 |
| Total Net Assets Fund Balance | $8,255,779 | $8,293,542 | ▲ $37,763 |
| Total Liabilities and Net Assets / Fund Balance | $8,255,779 | $8,294,042 | ▲ $38,263 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Investment Program Related Org | $2,365,924 | - | - |
Compensation and Service Providers
Board Members and Trustees
| Name | Title |
|---|---|
| Bernie Sinner | Chair |
| Greg Mastrud | Vice Chair |
| Chad Sapa | Director |
| Chuck Hoge | Director |
| James Burgum | Director |
| James P Gartin | Chief Administrative Officer |
| Shelly Kegley | Secretary |
| F John Williams | Treasurer |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $0
- Program Service Revenue
- $3,325
- Investment Income
- $48,021
- Other Revenue
- $0
- Change in Net Assets
- $37,763
Audited Revenue Reconciliation
- Revenue per Audited Statements
- $51,346
- Revenue Not Reported on Financial Statements
- $0
- Revenue Not Reported on Form 990
- $7,952
- Total Revenue per Audited Statements
- $59,298
- Total Revenue per Form 990
- $51,346
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $13,583 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Accounting | - | $8,388 | - | $8,388 |
| Fees for Services Legal | $2,699 | - | - | $2,699 |
| Insurance | - | $1,879 | - | $1,879 |
| Other Expenses | $617 | - | - | $617 |
| Total Functional Expenses | $3,316 | $10,267 | $0 | $13,583 |
Audited Expense Reconciliation
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $21,535 |
| Expenses per Audited Statements | $13,583 |
| Total Expenses per Form 990 | $13,583 |
| Expenses Not Reported on Form 990 | $7,952 |
| Expenses Not Reported on Financial Statements | $0 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Lobbying activity
- No
- Subject to proxy tax
- No
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- Yes
- Audit committee
- Yes
- Backup withholding compliance
- Yes
- Business relationship with family members
- No
- Business relationship with organization members
- No
- Material changes to governing documents
- No
- Compensation from other sources disclosed
- No
- CEO compensation reviewed
- No
- Other officer compensation reviewed
- No
- Conflict-of-interest policy
- Yes
- Audited financial statements prepared
- No
- Key decisions subject to board approval
- Yes
- Management duties delegated
- No
Governance Explanations
Form 990, Part VI, Section A, Line 6
“The members of this corporation shall be composed of those persons who are at-large directors, agency directors, and community directors of the greater fargo moorhead economic development corporation (gfmedc). When any person shall cease to be a director of the gfmedc, such person shall cease to be a member of this corporation automatically and without any affirmative action on the part of the corporation.”
Form 990, Part VI, Section A, Line 7A
“The entity appointing a director shall have the right to remove a director so appointed at any t1me and appoint a successor for such director. Any vacancy occurring in the board of directors shall be promptly filled by appointment by the entity responsible for selecting such director - two directors shall be appointed by the cass county commission and such directors shall reside in cass county - one director shall be appointed by the fargo city commiss1on - one director shall be appointed by the west fargo city commission - three directors shall be appointed by the greater fargo moorhead economic development corporation.”
Form 990, Part VI, Section A, Line 7B
“Members have the right to approve the annual budget of the organization and to make appropriate changes in the budget from time to time.”
Form 990, Part VI, Section A, Line 8B
“There are no committees with the authority to act on behalf of the board of directors.”
Form 990, Part VI, Section B, Line 11B
“The form 990 was submitted to the full governing board electronically for their review and approval.”
Form 990, Part VI, Section B, Line 12C
“Board members sign the conflict of interest statement and policy annually, of which they are expected to uphold their pledge by abiding by it. Board members are expected to abstain from voting on loans with which they may have a conflict of interest issue. The finance/office manager reviews the signed documents and brings up any possible conflicts to the president of greater fargo moorhead economic development corporation.”
Form 990, Part VI, Section C, Line 19
“The organization has the governing documents, conflict of interest policy, and financial statements available upon request.”
Filing and Contact Details
Filer
- Filer Name
- Growth Initiative Fund
- EIN
- 45-0431077
- Phone
- 7013641900
- Address
- 51 BROADWAY SUITE 500 NO 500, FARGO, ND 58102
Signing Officer
- Name
- James P Gartin
- Title
- Chief Administrative Officer
- Phone
- 7013641900
- Signed
- 2017-02-17
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- James P Gartin
- Formed
- 1993
- Legal Domicile
- Nd
- Voting Board Members
- 7
- Independent Board Members
- 7
- Employees
- 0
- Volunteers
- 7
Preparer
- Firm
- Fiebiger Swanson West & Copllp
- Address
- 2537 S UNIVERSITY DRIVE, FARGO, ND 58103
- Preparer
- Jeremy Ulmer CPA
- Phone
- 7012802100
Supplemental Narrative
Additional Explanations
FORM 990, PART XII, LINE 2C:
“The process has not changed from the prior year.”
Financial Statement Notes
PART X, LINE 2:
“The organization is organized as a north dakota nonprofit corporation and has been recognized by the internal revenue service (irs) as exempt from federal and state income taxes under internal revenue code section 501(c)(3) and section 57-38-09 of the north dakota century code, respectively. The organization is annually required to file a return of organization exempt from income tax (form 990) with the irs. In addition, the organization would be subject to income tax on net income that is derived from business activities that are unrelated to its exempt purpose. The organization has determined it is not subject to unrelated business income tax and has not filed an exempt organization business income tax return (form 990t) with the irs. The organization believes that it has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. The organization would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred.”
Raw XML Appendix368 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 350 |
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| IRS990/Desc | 0 | THE PURPOSE OF GROWTH INITIATIVE FUND, INC. (FUND) SHALL BE TO PROMOTE ECONOMIC DEVELOPMENT IN CASS COUNTY, NORTH DAKOTA. THE ORGANIZATION PROVIDES INCENTIVE LOANS TO EXISTING AND OUT-OF-STATE CLENTS LOOKING TO EXPAND OPERATIONS IN CASS COUNTY, ND AREA TO CREATE EMPLOYMENT WITHIN THE COUNTY. THE FUND IS SET UP FOR LOCAL GOVERNMENTS IN ORDER TO BRING PROFESSIONAL ASSISTANCE AND SUPPORT FROM THE PRIVATE SECTOR AND LESSEN THE BURDENS OF GOVERNMENT. THE FUND IS CURRENTLY SERVICINGE 45 PACE LOANS. |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | F JOHN WILLIAMS |
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| IRS990/FormationYr | 0 | 1993 |
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| IRS990/MissionDesc | 0 | TO PROMOTE ECONOMIC DEVELOPMENT IN CASS COUNTY, NORTH DAKOTA. THE CORPORATION SHALL EXIST TO CREATE AND MANAGE FINANCIAL PROGRAMS TO ENCOURAGE PRIMARY SECTOR JOB CREATION IN CASS COUNTY. |
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| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 42444 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 32566 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 19047 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 12150 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 154228 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 21169 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.34150 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.38570 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 80000 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 60000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 20000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 80000 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 234228 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/DonatedServicesAndUseFcltsAmt | 0 | 7952 |
| IRS990ScheduleD/DonatedServicesUseFcltsAmt | 0 | 7952 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 7952 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 13583 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 0 | 2365924 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 0 | PACE NOTES RECEIVABLES |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd | 0 | C |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 7952 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 51346 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE ORGANIZATION IS ORGANIZED AS A NORTH DAKOTA NONPROFIT CORPORATION AND HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND SECTION 57-38-09 OF THE NORTH DAKOTA CENTURY CODE, RESPECTIVELY. THE ORGANIZATION IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, THE ORGANIZATION WOULD BE SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO ITS EXEMPT PURPOSE. THE ORGANIZATION HAS DETERMINED IT IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAX AND HAS NOT FILED AN EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990T) WITH THE IRS. THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE ORGANIZATION WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART X, LINE 2: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 0 |
| IRS990ScheduleD/TotalBookValueProgramRltdAmt | 0 | 2365924 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 13583 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 51346 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 59298 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 21535 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE MEMBERS OF THIS CORPORATION SHALL BE COMPOSED OF THOSE PERSONS WHO ARE AT-LARGE DIRECTORS, AGENCY DIRECTORS, AND COMMUNITY DIRECTORS OF THE GREATER FARGO MOORHEAD ECONOMIC DEVELOPMENT CORPORATION (GFMEDC). WHEN ANY PERSON SHALL CEASE TO BE A DIRECTOR OF THE GFMEDC, SUCH PERSON SHALL CEASE TO BE A MEMBER OF THIS CORPORATION AUTOMATICALLY AND WITHOUT ANY AFFIRMATIVE ACTION ON THE PART OF THE CORPORATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE ENTITY APPOINTING A DIRECTOR SHALL HAVE THE RIGHT TO REMOVE A DIRECTOR SO APPOINTED AT ANY T1ME AND APPOINT A SUCCESSOR FOR SUCH DIRECTOR. ANY VACANCY OCCURRING IN THE BOARD OF DIRECTORS SHALL BE PROMPTLY FILLED BY APPOINTMENT BY THE ENTITY RESPONSIBLE FOR SELECTING SUCH DIRECTOR - TWO DIRECTORS SHALL BE APPOINTED BY THE CASS COUNTY COMMISSION AND SUCH DIRECTORS SHALL RESIDE IN CASS COUNTY - ONE DIRECTOR SHALL BE APPOINTED BY THE FARGO CITY COMMISS1ON - ONE DIRECTOR SHALL BE APPOINTED BY THE WEST FARGO CITY COMMISSION - THREE DIRECTORS SHALL BE APPOINTED BY THE GREATER FARGO MOORHEAD ECONOMIC DEVELOPMENT CORPORATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | MEMBERS HAVE THE RIGHT TO APPROVE THE ANNUAL BUDGET OF THE ORGANIZATION AND TO MAKE APPROPRIATE CHANGES IN THE BUDGET FROM TIME TO TIME. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THERE ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE BOARD OF DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE FORM 990 WAS SUBMITTED TO THE FULL GOVERNING BOARD ELECTRONICALLY FOR THEIR REVIEW AND APPROVAL. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | BOARD MEMBERS SIGN THE CONFLICT OF INTEREST STATEMENT AND POLICY ANNUALLY, OF WHICH THEY ARE EXPECTED TO UPHOLD THEIR PLEDGE BY ABIDING BY IT. BOARD MEMBERS ARE EXPECTED TO ABSTAIN FROM VOTING ON LOANS WITH WHICH THEY MAY HAVE A CONFLICT OF INTEREST ISSUE. THE FINANCE/OFFICE MANAGER REVIEWS THE SIGNED DOCUMENTS AND BRINGS UP ANY POSSIBLE CONFLICTS TO THE PRESIDENT OF GREATER FARGO MOORHEAD ECONOMIC DEVELOPMENT CORPORATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | THE ORGANIZATION HAS THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION A, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION A, LINE 7B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION A, LINE 8B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990, PART XII, LINE 2C: |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TempOrPermanentEndowmentsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 8255779 |
| IRS990/TotalAssetsEOYAmt | 0 | 8294042 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 8255779 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 8294042 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 10267 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 3316 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 13583 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 0 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 500 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 500 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 8255779 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 8293542 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 3316 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 3325 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 48021 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 3325 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 51346 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 7 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 8255779 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 8294042 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UnrestrictedNetAssetsGrp/BOYAmt | 0 | 8255779 |
| IRS990/UnrestrictedNetAssetsGrp/EOYAmt | 0 | 8293542 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 51 BROADWAY SUITE 500 |
| IRS990/USAddress/CityNm | 0 | FARGO |
| IRS990/USAddress/StateAbbreviationCd | 0 | ND |
| IRS990/USAddress/ZIPCd | 0 | 58102 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 7 |
| IRS990/VotingMembersIndependentCnt | 0 | 7 |
| IRS990/WebsiteAddressTxt | 0 | N/A |
| IRS990/WhistleblowerPolicyInd | 0 | 1 |
| ReturnHeader/BuildTS | 0 | 2017-02-10 21:41:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JAMES P GARTIN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CHIEF ADMINISTRATIVE OFFICER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7013641900 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2017-02-17 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | GROWTH INITIATIVE FUND |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | GROW |
| ReturnHeader/Filer/EIN | 0 | 450431077 |
| ReturnHeader/Filer/PhoneNum | 0 | 7013641900 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 51 BROADWAY SUITE 500 NO 500 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | FARGO |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | ND |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 58102 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 3EC390BB42289AA7BB3844E4458827D460035801 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 3EC390BB42289AA7BB3844E4458827D460035801 |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 206.51.203.162 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2017-02-17 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CS |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 10:20:02 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 416134264 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | FIEBIGER SWANSON WEST & COPLLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 2537 S UNIVERSITY DRIVE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | FARGO |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | ND |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 58103 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7012802100 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JEREMY ULMER CPA |
| ReturnHeader/ReturnTs | 0 | 2017-03-08T11:02:55-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2016-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2016-12-31 |
| ReturnHeader/TaxYr | 0 | 2016 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2016 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $8,294,042
- Liabilities
- $500
- Net assets
- $8,293,542
- Revenue
- $51,346
- Expenses
- $13,583
- Net income
- $37,763